Shards Transfers to GalaChain for Assistance in China's Debut
Shrapnel Migrates to GalaChain, Aiming for Compliance and Expansion in China's Gaming Market
In a strategic move, Shrapnel, a blockchain-based game, is moving from Avalanche to GalaChain. The decision comes as Shrapnel seeks to gain faster transaction finality, more gas-efficient infrastructure, and immediate compliance with Chinese regulations.
According to Eric Schiermeyer, CEO of Gala Games, regulatory compliance and a consistent user experience are central to the move. Schiermeyer also highlighted GalaChain's flexibility and alignment with public-sector policy, making it the right foundation for building blockchain games at scale in China.
The cross-chain bridge linking GalaChain and China's Trusted Copyright Chain is scheduled for early 2026. This bridge is designed to allow safe movement of assets between local and international platforms while remaining compliant with Chinese regulations.
Xuan Hongliang, speaking for the Trusted Copyright Chain, stated that the goal is to make high-quality, Web3-enabled games that are fully compliant with local laws. Shrapnel is set to become one of the first examples of this effort in action.
The benefits for Shrapnel's operations in China include instant compliance with China's regulations via GalaChain's integration with the Trusted Copyright Chain. This streamlines cross-border digital asset functionality and facilitates a regulated player-driven economy.
Lower network fees powered by Gala's native token ($GALA) enhance cost-efficiency for players and developers. Additionally, Shrapnel's Chinese revenue and token economy are linked, with at least 10% of China-derived revenue committed to repurchasing $SHRAP tokens on GalaChain. This supports ecosystem health and creates a direct performance-to-token value connection.
The launch of a commemorative Bridge Badge NFT grants early play-test access and serves as a first-of-its-kind NFT mirrored on China's Trusted Copyright Chain (TCC), demonstrating cross-border asset interoperability.
Overall, migration to GalaChain strategically positions Shrapnel to operate efficiently inside China's regulatory environment, expand its user base in the world's largest gaming market, and foster a unified global gaming ecosystem compliant across jurisdictions.
The buyback model introduced by Shrapnel is another significant aspect of this move. It involves using up to 10% of revenue from Chinese players to purchase SHRAP tokens on a recurring basis, further supporting the game's economy.
In conclusion, Shrapnel's migration to GalaChain marks an important step in the development of blockchain-based games in China, offering a potential blueprint for other games seeking to enter the vast Chinese gaming market while remaining compliant with local regulations.
- Shrapnel's move from Avalanche to GalaChain is also driven by the need to tap into the vast business opportunities in China's gaming market, given GalaChain's focus on compliance and alignment with public-sector policy.
- Along with fast transaction finality and gas efficiency, Shrapnel Benefits from GalaChain's connection to China's Trusted Copyright Chain, which ensures immediate compliance with local regulations, promoting a regulated player-driven economy in the finance sector.
